Ethereum Cancun-Deneb (Dencun) upgrade, explained Dencun, an amalgamation of two separate upgrades — Deneb and Cancun — tackles both Ethereum’s consensus and execution layers in a single upgrade. Technically a hard fork in blockchain terminology, the upgrade rolled out at Ethereum epoch 269,568 at 1:55 pm UTC and finalized at 2:10 pm. The upgrade is set…
The Dubai International Financial Centre (DIFC), a special economic zone with over 5,000 residents, has announced the passage of a new digital assets law and security law and amendments to existing law. The center has its own legal system based on English law. The legislative developments seek to “keep pace with the rapid developments in…
Creating a successful startup is challenging at the best of times, especially in the crypto industry, where an estimated 95% of startups fail. There have been thousands of crypto startups as the industry has developed. According to the business platform Crunchbase, at least 2,619 are operating in various stages of development as of 2024. There has also been a…
Ethereum’s Dencun hard fork, considered the biggest upgrade since the Merge, went live on mainnet on March 13. While most people were focusing on the promised transaction fee reduction for layer-2 scaling networks, the most significant benefit of the upgrade is actually fee stabilization, Nick Dodson, the co-founder and CEO of Fuel Labs, told Cointelegraph…
A sharp plunge in the price of Bitcoin has caused crypto trader liquidations to top $661 million in the past 24 hours, affecting nearly 200,000 traders. In early trading on March 15, Bitcoin shed 7.5% in just a few hours falling from $72,000 to $66,500. The asset rebounded slightly to reclaim the $68,000 level before getting…
Bitcoin has surged this year thanks to an influx of money from traditional institutional investors via exchange-traded funds (ETFs). Likewise, integrations by traditional retail payments players — Visa and Mastercard — could push the crypto market to dramatically higher valuations in the year ahead. Despite explosive growth, crypto’s daily active users still pale in comparison to…